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Ferrari plans to sell fewer cars in 2013

Ferrari boss Luca di Montezemolo has announced an unusual plan for the Prancing Horse: to sell fewer cars in 2013 than the 7000 it delivered in 2012. Speaking in Maranello, di Montezemolo stated that 'this is a far-sighted decision to strengthen our brand equity, from what I learned from Enzo Ferrari… We must resist people who say the competition will benefit from us making fewer cars… When others penetrate our markets, we are happy to meet this challenge.' Is Ferrari mad to chase fewer sales? It is not the first time that Ferrari has decided to limit supply: 'In 2003 we did the same,' explains Montezemolo.

Honda Civic Type R (2013) details at Frankfurt motor show

The new Honda Civic Type R will, for the first time in Type R history, be powered by a turbocharged engine. That’s the news confirmed today at the 2013 Frankfurt motor show by Honda's European president, Manabu Nishimae, who announced the new hot hatch would employ a turbocharged 2.0-litre engine. What has Honda officially announced about the Civic Type R at Frankfurt?

Drayson Racing aiming for Electric car World Land Speed Record

The Drayson B12 69/EV – heading to RAF Elvington to break the EV land speed record. One of the best uses for electric car technology is to deliver copious amounts of instant torque for track cars – far more than an ICE engine manages – and Drayson Racing Technology is aiming to prove how much that electric power can help by taking its Drayson B12 69/EV to RAF Elvington on 25th June to attempt to break the land speed record for an EV. That record – 175mph – has stood since 1975 (which probably shows how little EV technology has really moved on in the last 40 years), but the low-drag version of the Drayson electric Le Mans prototype is aiming to break that down the 1.86 mile runway at Elvington.